Wonderlawn Ltd

Wonderlawn Ltd, based in Newcastle Upon Tyne, UK, is a small, active family business founded twelve years ago. With five employees and £234,979 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a solid 4.0 Google rating based on 73 reviews and regularly imports carpets and textile floor coverings, with the latest import occurring just three months ago.

The company's website highlights its expertise in artificial grass installation, offering a ten-year guarantee and a wide range of grass types, from the 'Superior' to the 'Naturalle' and 'ECO Play' options. It caters to both residential and commercial clients, including schools and nurseries, and even offers landscaping services beyond just grass installation. The website emphasizes quality, professional service, and a commitment to customer satisfaction, showcasing testimonials from happy clients.

Financially, Wonderlawn Ltd’s recent report reveals a mixed picture. Accumulated depreciation on plant and machinery increased by 25%, while vehicles saw a 22% rise. Bank borrowings jumped significantly, up 110% to £94,000, and cash reserves plummeted 91% to a mere £4,900. Creditors, however, increased by a substantial 200%, reaching £200,000, suggesting a reliance on credit. Equity, however, took a hit, with retained earnings dropping 270% to -£48,000. The number of employees has also decreased, falling 40% to just three. Despite meeting two of three criteria to be considered a small company, the sharp decline in equity and cash reserves raises concerns. The report is unaudited, a common practice for small companies.

It seems Wonderlawn Ltd is navigating a challenging period, potentially due to increased costs or slower sales. The company’s focus on high-quality installations and its strong online presence, however, could provide a foundation for future recovery.

Registered in England/Wales under the registration number 08324789, with a registered address at NE13 7GD, England, Newcastle Upon Tyne, 8 Browns Park Brunswick Industrial Estate, Brunswick Village.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.